QUESTION IMAGE
Question
6173 - 3: 2025 - sep - 10wk - mm: international business manage
countries where new - product development is strong have all of the following characteristics, except?
a. competition is intense.
b. more money is spent on basic and applied research and development than in countries where new - product development is weak.
c. trade barriers are moderate.
d. demand is strong.
e. consumers are affluent.
Intense competition drives innovation, more R - D spending enables new - product development, and strong demand provides a market. Affluent consumers can afford new products. However, trade barriers (moderate or otherwise) are not directly related to a country's internal new - product development strength. They mainly affect international trade, not the internal process of developing new products.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
C. Trade barriers are moderate.